2 hours ago
The fiscal radical is successful talks to get a 92% involvement successful Korbit for a arsenic overmuch arsenic 140 cardinal won ($97 million).
Dec 29, 2025, 10:59 a.m.
Mirae Asset, a Seoul-based fiscal group, is considering buying South Korean cryptocurrency speech Korbit, the Korea Times reported connected Monday.
The institution is successful talks to get 92% oof Korbit for arsenic overmuch arsenic 140 cardinal won ($97 million), according to the report, which cited manufacture officials.
Mirae Asset, which offers plus management, wealthiness management, concern banking and insurance, is simply a salient institution successful accepted concern (TradFi) successful South Korea. The acquisition would beryllium its archetypal engagement successful a cryptocurrency-related business.
One unidentified authoritative noted that Mirae laminitis Park Hyeon-joo has emphasized exploring opportunities successful connecting accepted and integer assets, according to the report.
“Korbit has historically had a constricted presence, but Mirae Asset Financial Group’s decades of expertise could let it to prosecute a differentiated strategy,” the authoritative added.
The speech is the fourth-largest successful presumption of trading measurement retired of the six incorporated successful South Korea, according to CoinGecko. Its 24-hour measurement of $11.8 cardinal is dwarfed by Upbit's $1.2 cardinal and Bithumb's $475 million. Coinone sits successful 3rd spot with measurement of $58 million.
Neither Mirae Asset nor Korbit responded to CoinDesk's petition for further comment.
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